- Blink Charging Co BLNK has secured a purchasing contract, in the Electric Vehicle Supply Equipment category, from Sourcewell, a government organization that offers contract purchasing solutions. The financial terms of the supplier contract were not disclosed.
- Sourcewell's cooperative purchasing program includes more than 400 competitively solicited contracts to government, education, and nonprofit entities.
- Utilizing Sourcewell contracts, participating agencies can save time and money by capturing the collective buying power of more than 50,000 organizations.
- Blink Charging expects the Sourcewell contract to provide new prospective clients for their products.
- Price Action: BLNK shares are trading higher by 3.40% at $29.78 on the last check Tuesday.
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